Motorola Droid :: Verizon Insurance Plan

I was lied to by Verizon. When I upgraded I was told that my current 6 dollar plan would cover my phone the same way my old phone was covered. Luckily I called today and found out the truth. They offer a 6 dollar plan that does indeed cover the Droid. It only will cover it for 1 Year. Outside of a year then you are not covered at all. So thinking logically I asked about the 9 dollar plan and was told it does cover you outside of the 1 year warranty. Here comes the stupid part, you are forced to purchase either one of these plans within 30 days of getting the phone even though you are technically covered under the manu warranty for 1 year. So basically you need to pay verizon 108 dollars for a years worth of coverage when your phone is technically already covered. Does anyone else see an issue with this